Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)

v3.5.0.2
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Income Statement [Abstract]        
Net revenue $ 143,656 $ 141,543 $ 286,924 $ 279,959
Operating expenses:        
Cost of services 27,637 27,603 57,112 52,770
Selling, general, and administrative, including stock-based compensation 29,203 25,697 57,816 49,121
Radio conversion costs 7,596 450 16,675 973
Amortization of subscriber accounts, dealer network and other intangible assets 61,937 63,526 123,259 126,667
Depreciation 2,025 2,484 4,000 4,781
Gain on disposal of operating assets 0 0 0 (3)
Total operating expenses 128,398 119,760 258,862 234,309
Operating income 15,258 21,783 28,062 45,650
Other expense:        
Interest expense 30,024 31,291 61,248 61,531
Refinancing expense 0 4,468 0 4,468
Total other expense 30,024 35,759 61,248 65,999
Loss before income taxes (14,766) (13,976) (33,186) (20,349)
Income tax expense 1,743 2,011 3,533 3,972
Net loss (16,509) (15,987) (36,719) (24,321)
Other comprehensive loss:        
Unrealized (loss) income on derivative contracts, net of tax (4,697) 1,002 (16,542) (3,461)
Total other comprehensive (loss) income, net of tax (4,697) 1,002 (16,542) (3,461)
Comprehensive loss $ (21,206) $ (14,985) $ (53,261) $ (27,782)